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No, The Trump Administration Shouldn’t Bail Out Spirit Airlines

The president’s talk of a potential $500 million bailout for Spirit Airlines would deflate conservatives’ spirit at a critical juncture.

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At a time when Republicans in Congress need to generate enthusiasm ahead of the November midterm elections, the Trump administration is contemplating a move that would undermine conservative support. The president’s talk of a potential $500 million bailout for a budget airline struggling to emerge from bankruptcy might preserve Spirit Airlines, but it would deflate conservatives’ spirit (pun intended) at a critical juncture.

The president spoke last Thursday of “helping them [i.e., Spirit] out, meaning bailing them out, or buying it.” But the government took stakes in private-sector companies during the Obama administration. It didn’t work out well then, and it won’t work out well now.

The list of reasons not to bail out Spirit stands as long as an airport runway. Start with the federal government’s $39 trillion in debt and counting. With the federal government running deficits approaching $2 trillion every year, and lawmakers not showing any signs of taking the actions needed to resolve Medicare and........

© The Federalist